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Transactions: September 2000

Transactions: September 2000

Mountain Life
By Maureen Drummey
posted: 08/14/2000

LUDLOW, VT.
Sited at the Ledgewood on Okemo Mountain, this two-level 1,573-square-foot home has 3 bedrooms, 2 baths, a fireplace and a garage. Amenities include ski-in/ski-out access, a skating pond with a warming hut and beautiful views of Okemo Mountain.
LIST PRICE $410,000
SALE PRICE $410,000
TIME ON MARKET 8 months
LISTING BROKER Kathy Burns, Vermont Properties and Development, Inc., (802) 228-8877; www.vtprop.com.
MARKET COMMENT With the recent addition of an 18-hole golf course and golf academy and the Jackson Gore Condominium Hotel slated for winter 2001, the market at Okemo is bustling.

ASPEN, COLO.
Situated in Aspen's prestigious Owl Creek Ranch, this 10,732-square-foot residence is widely acclaimed as architect Charles Cunniffe's finest work. Located on 27 acres, the home has 5 bedrooms, 5 full baths, 3 powder rooms and a game room. Amenities include a wine cellar, a professional gourmet kitchen, two ponds, and a heated patio with a fire-pit barbecue.
LIST PRICE $13 million
SALE PRICE $12.3 million
TIME ON MARKET 10 months
LISTING BROKER Michael Cooper, Aspen Real Estate Company, (970) 920-2006 www.aspenexperts.com.
MARKET COMMENT Dollar sales volume this year is well ahead of last year, but the number of transactions has slowed. With minimal inventory in the area, real estate prices are soaring.

KELOWNA, B.C.
This 51-room condo-hotel is conveniently located at the base of Big White and just steps away from the new Happy Valley Gondola. A 694-square-foot unit in the White Crystal Inn offers a fully furnished living area and loft and a fully equipped cooking efficiency. Benefits include rental capabilities with full-service rental management, ski-in/ski-out access and a fantastic view of the Monashee Mountains.
LIST PRICE $95,000
SALE PRICE $95,000
TIME ON MARKET one week
LISTING BROKER Nancy Stadnick, Big White Ski Resort, (800) 663-2772; www.bigwhite.com.
MARKET COMMENT The real estate market is booming at Big White Ski Resort, with an especially strong interest from American buyers. Project 2000, a $37 million expansion initiative-including $29 million in resort accommodations, the new gondola and the Back Country Adventure Center-has helped increase activity in the area.

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